President Donald Trump, a notorious Coca-Cola lover who even installed a Diet Coke button on his Oval Office desk (twice), has implemented tariffs that may raise the cost of a Pepsi.
PepsiCo, which produces Pepsi, Doritos, Cheetos and other popular snacks, sources almost all of its U.S. soda concentrate from Ireland — unlike its competitor Coca-Cola. Now, thanks to Trump’s sweeping tariffs, PepsiCo is no longer expecting its earnings to rise this year, The Wall Street Journal reports.
